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Variety2 min read

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Alex Cooper's Unwell Media Valued at $500 Million

Alex Cooper's Unwell Media Valued at $500 Million

Unwell, the media company co-founded by Alex Cooper and Matt Kaplan, has achieved a valuation of $500 million following its first outside investment from Patrick Whitesell's WTSL. Whitesell, a prominent figure in the entertainment industry and co-founder of WME, launched WTSL as an investment firm focused on media, entertainment, and sports after his departure from Endeavor and WME last year. This investment marks a significant milestone for Unwell, underscoring the company's growth and potential within the media landscape.

Alex Cooper, known for her popular podcast "Call Her Daddy," launched Unwell with her husband Matt Kaplan. The company aims to expand beyond podcasting into various media ventures, leveraging Cooper's established audience and influence. The "Call Her Daddy" podcast, which began in 2018, has garnered a substantial following, becoming one of the most listened-to podcasts globally. Unwell's strategic move to secure external funding from an experienced investor like Whitesell signals an ambition for broader market penetration and diversification of its content offerings.

Patrick Whitesell's involvement through WTSL brings not only capital but also significant industry expertise. Whitesell's career includes a pivotal role in building WME into a leading talent agency and his subsequent transition to investment activities. His focus on media, entertainment, and sports aligns directly with Unwell's operational domain. The $500 million valuation suggests that investors perceive substantial future growth opportunities for Unwell, likely driven by its existing strong brand presence and potential for new content formats and platforms.

The investment from WTSL is expected to fuel Unwell's expansion plans, which may include developing new shows, exploring different media formats such as television or film, and further enhancing its digital presence. The company's success so far, particularly through the "Call Her Daddy" podcast, has demonstrated its ability to connect with a large and engaged audience. This new funding will enable Unwell to scale its operations, invest in talent, and pursue strategic partnerships that can accelerate its growth trajectory in the competitive media industry. The partnership with Whitesell's WTSL is anticipated to provide valuable strategic guidance and access to a wider network within the entertainment and media sectors.

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